Is Braithwaite, LA 70040 a buyer’s or seller’s market?
Braithwaite is a seller’s market. With about 2.4 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Braithwaite housing market right now
In the three months ending August 31, 2026, 0% of homes in Braithwaite, LA 70040 sold above their list price, the typical home went under contract in 209 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (9 days then) and the median sale price rose 330% to $244,894. Overall, Braithwaite is less competitive than a year ago, which gives buyers more room.
Nearby, Belle Chasse 70037 (10% sold over asking) is even more competitive.
Run the numbers for 70040
Nearby markets
Belle Chasse 70037Balanced $191 /sq ftBuras 70041Buyer’s market $55 /sq ftPort Sulphur 70083Buyer’s market $81 /sq ft Browse all markets →Towns like Braithwaite nearby
Find towns like Braithwaite in other states →Where Braithwaite is
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Questions about Braithwaite real estate
Is Braithwaite a buyer’s or seller’s market?
A seller’s market: there were 2.4 months of supply in Braithwaite, LA 70040 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Braithwaite?
The typical home went under contract in 209 days in the latest three months.
Do homes in Braithwaite sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 102.3% of the list price.
What are property taxes in Braithwaite?
About 0.50% of a home’s value a year in Plaquemines Parish, or roughly $2,000 on a $400,000 home.
What is the median home price in Braithwaite?
The median sale price was $244,894 in the three months ending August 31, 2026, about $124 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology